Marcum to Merge in LTSP, Inc.
JUNE 1, 2022 (New York City, NY) – Marcum LLP today announced that LTSP, Inc. of Newport Beach, California, has merged into the Firm.
LTSP brings three partners and 19 associates to Marcum and adds a fifth office to Marcum’s California region. LTSP Managing Partner Mark Murphy becomes Marcum’s Newport Beach office managing partner.
Founded in 1976, LTSP was a full-service certified public accounting firm providing a complete spectrum of customized accounting and advisory services to closely held businesses and high net worth individuals. LTSP was consistently ranked among the top public accounting firms in Orange County.
“The big attraction of this merger for us is that both firms share a focus on closely held, entrepreneurial clients. We have the same personal, hands-on approach to delivering service, and that is highly appealing to our team. And, because they are a national firm, we will have ten-fold opportunities under Marcum that will benefit our clients as well as our staff,” Mr. Murphy said.
“LTSP is a strong cultural fit with Marcum that brings great synergies for the clients and staff of both firms,” said Jeffrey M. Weiner, Marcum’s chairman and chief executive officer.
“The entire LTSP team visited our Costa Mesa office for breakfast last month, and it was immediately clear how well everyone meshed. We have great expectations for this integration and are delighted to welcome them all to Marcum,” said Paul Sherman, Marcum’s California regional managing partner.
About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum’s industry-focused practices offer deep insight and specialized services to privately held and publicly registered companies, and nonprofit and social sector organizations. The Firm also provides a full complement of technology, wealth management, and executive search and staffing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. #AskMarcum.